The plan: https://elizabethwarren.com/plans/break-up-big-tech
I don’t think people use Google search or shop at Amazon because they lack “consumer choice”. They’re just the best options for the consumer by far
What about Facebook?
Same thing. Social media is a pretty competitive industry. There’s a reason FB is still at the top
There was a question about this before. My answer stays the same- if breaking up big tech increases my TC I'm down.
Fuck yes, give those libs a taste of what they’ve been advocating for years. Almost certainly means lower pay given the massive regulatory burden that will ensue for decades.
They are ok with misery as long as everybody is miserable. They just hate unequal distribution of prosperity.
This is the socialist playbook. People who never built a goddamn thing in their life trying to impose their will on others through force
They also overlook the slippery slope of what the socialists will do next. This won’t be the end
Word
Government just wants control and they’re (rightly) afraid they’re losing it. Personally I’d prefer to live under big tech oligarchs because at least their bottom line is somewhat dependent on keeping their users happy
When politicians interfere with market forces it will inevitably lead to unwanted consequences. Remember, we are in global competition. Weakening our own tech just makes it easier for foreign companies to out compete us.
We all know this isn’t gong to happen even though it should
it shouldn’t happen either.
Govt intervention decreases speed of innovation, leads to inefficiency.
Facebook and Google search stopped innovating years ago.
Are you joking? Fb serves like 2b globally. Google recommendation has gotten so good and saves people so much time from browsing needlessly. These tech companies have increased productivity and enriched so many lives. So lets let communists dismantle them. They’re afraid of losing control and hate when people decide things for themselves.
Love how warren is campaigning for a wealth tax..... a failed euro plan that doesn’t work and many European countries stopped bcuz they didn’t bring in taxes anywhere near what the proponents always estimated
Idiots have short memory.
The government should stay out of it.
Then repeal the liability protections shielding those companies.
If govt stays out of it , there is no need for liability protections.